Articles about TAD

Grant to Fund Affordable Workforce Housing in Downtown Development

At their June 15 meeting, the Invest Atlanta Board of Directors passed a resolution approving the use of $9 million from the Eastside Tax Allocation District (TAD) for the development of a $90.5 million, 14-story, 302-unit residential tower at 161 Peachtree Center Avenue in Downtown Atlanta. Sixty of the units, or 20 percent of the… Read more

Publix On Moores Mill Now Open for Business

Mayor Kasim Reed, alongside members of the Atlanta City Council, Dr. Eloisa Klementich, and representatives of Publix, cut the ribbon to announce the grand opening of a Publix grocery store at Moores Mill. The new Publix, part of the first phase of the $95 million shopping center development, opened for business later that morning. "Today… Read more

YMCA Regional HQ and Head Start Facility Coming to Vine City

The Invest Atlanta board of directors approved at their May meeting a $2.5 million Westside TAD grant to fund the new YMCA of Metropolitan Atlanta Leadership and Learning Center in Vine City. The Center will house the YMCA of Metro Atlanta’s administrative offices and Head Start learning facility serving 70-90 children aged zero to four-years-old.… Read more

On the Rise Financial Center Opens on Westside

The On the Rise Financial Center officially opened Thursday, April 20, with Mayor Kasim Reed, Dr. Eloisa Klementich, and Councilmember Ivory Young, Jr. on hand to celebrate with Westside residents. Joining them were representatives from supporting organizations, including Equifax, the Arthur M. Blank Family Foundation, the National Federation of Community Development Credit Unions (NFCDCU) and… Read more

Resurgens Fund Grants to Bring New Life to Eastside Properties

At their March meeting, the Invest Atlanta board approved two Resurgens Fund grants, including one that will allow The Ethical Property Group create a new space for non-profit organizations. “The Resurgens Fund was deliberately created to with the intention of reactivating these vacant and obsolete buildings,” said Jennifer Fine, Invest Atlanta’s Vice President of Planning… Read more

Grant Supports Preliminary Study for Atlanta Urban Ecology Resource Center in Vine City

Invest Atlanta has given a $100,000 grant to Community Improvement Association, the lead partner for the Atlanta Urban Ecology Resource Center (AUERC) Collaborative. The grant will fund a feasibility study for the creation of the Center and will be sited near the soon-to-be-developed Boone Park West in the English Avenue neighborhood in NW Atlanta. The… Read more

Sweet Auburn Ballroom Receives Resurgens Grant

The Sweet Auburn Ballroom will receive the first grant from Invest Atlanta’s recently-established Resurgens Fund in the Eastside TAD. Named after the historic downtown neighborhood, the vacant former Butler Street YMCA building at 17 Jesse Hill Jr. Drive will soon be transformed into a 1,200-person capacity live music venue for established and rising artists alike.… Read more

New Westside Financial Capability Center Receives TAD Support

The Invest Atlanta Board of Directors recently approved a $100,000 Westside TAD Community Improvement Fund grant to help fund a new Westside Financial Capability Center in Vine City. Once open, the Center will provide residents with high-quality financial counseling, entrepreneurship training, and homeownership education. Former 1st Choice Credit Union CEO Sheilah Montgomery, who spoke passionately… Read more

New Home for Westside Works Opens in Vine City

Quest Community Complex, a catalytic project that will have substantial impact toward creating successful outcomes for Atlanta’s Westside, held its grand opening celebration on October 10, 2016.  Invest Atlanta provided a $3.5 million grant for the project. As the new home to Westside Works, the contemporary 12,000 square-foot facility in Vine City will be a… Read more

Invest Atlanta Now Accepting Applications for New Eastside TAD Projects

After achieving success with previous Eastside Tax Allocation District (TAD) development and façade improvement grant projects, Invest Atlanta is now accepting new applications for qualified development and improvement projects in the Eastside TAD. Through the Eastside TAD, the City of Atlanta is providing tax increment financing to fund infill projects in Downtown and surrounding neighborhoods… Read more